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CPI

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Good Question: How Do We Measure Inflation?

Starting next year, Social Security benefits will rise 1.7 percent — or about $20 a month based on an average monthly Social Security payment of $1,192. That increase, or cost-of-living adjustment (COLA), has been pegged to the consumer price index (CPI) since 1975. It’s one of several ways to measure inflation. So, how do we measure the CPI?

10/22/2014

(credit: Alex Wong/Getty Images)

Good Question: How Will Social Security Changes Affect Benefits?

More than 50 million Americans get a social security check every month. But some Democrats and liberal groups are upset about a proposed change in the way the cost of living adjustment is calculated. Making a switch could save more than $100 billion in 10 years.

04/09/2013

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